Auto chip shortage affects its production; factory closures rise

Auto chip shortage affects its production; factory closures rise

By Christy Gren - Sep 15, 2021

Automakers like Peugot, Ford, and Toyota are on the run to regain high-margins from the auto chip making since the pandemic and weather disasters have taken over.

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Intel seeking $9.7 billion EU investment to build chip factory in Europe

Intel seeking $9.7 billion EU investment to build chip factory in Europe

By Anna Domanska - May 03, 2021

As the chip shortage gains momentum and forces industries heavily reliant on the technology to look for alternate ways to meet the shortfall. Intel, the pioneer in chip making, wan

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Samsung to cut production due to chips supply crunch

Samsung to cut production due to chips supply crunch

By Anna Domanska - Apr 30, 2021

The chip shortage has spread across industries, slowing down the manufacturing of automobiles, smart devices, to electronic including white goods such as washing machines and telev

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Chip shortage forces Daimler to cut factory working hours; will affect 185,000 workers

Chip shortage forces Daimler to cut factory working hours; will affect 185,000 workers

By Anna Domanska - Apr 27, 2021

The world is facing a serious chip shortage, which has affected the auto, smart devices and any other industry that uses semiconductors. The pandemic, the Texas winter storms, and

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Volkswagen Group warns on escalating global chip crisis

Volkswagen Group warns on escalating global chip crisis

By Christy Gren - Apr 27, 2021

Volkswagen Group has warned managers to prepare for the worst as the global auto chip shortage disrupts production. The world’s second-largest automaker is expecting the chip sho

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Auto chip shortage may have domino effect in smartphone industry

Auto chip shortage may have domino effect in smartphone industry

By Anna Domanska - Jan 28, 2021

Samsung Electronics has warned that the global chip shortage that brought the automobile industry to a standstill could also disrupt orders for the memory chips used in smartphones

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